As part of this process, the six-time European champions have committed to engaging with the local community and other key stakeholders while pursuing a vision in keeping with the club’s aspirations.
As a direct result of this development, existing outline planning permission will be allowed to lapse in order to allow work to continue on alternative options with a view to submitting a new planning application for a larger scheme in due course.
Liverpool FC chief operating officer Andy Hughes said: “The progress that has been made during ongoing feasibility studies has resulted in us being in a position to allow the outline planning permission to lapse. We are committed to working with local residents, planning officials and others as we now focus on the detail behind any proposed redevelopment for Anfield Road.
“Throughout this process we have been clear that our objective is to find the best possible solution for Anfield Road and that remains the case."